Very interesting thread. I had not heard it called the "moth effect" but it makes sense. I have always used a blinking light but maybe now I should try a steady one? I don't know. I rarely ride in the dark but use mine during the day.
Something else to consider is that there are more and more drivers out there who are driving sleepy. I have read stories of cars pulled off the highway because of a flat tire or something, and a zoned-out driver slams into the rear of the car because he didn't realize it was stopped.
We are taking our lives in our hands when we get out there with 2000 lb. missles whizzing by us, so I think it really doesn't matter what we do - just have a light on & bright clothing to make ourselves as visible as possible. Any light, blinking or steady, is better than no light.
"When I'm on my bike I forget about things like age. I just have fun." Kathy Sessler
2006 Independent Fabrication Custom Ti Crown Jewel (Road, though she has been known to go just about anywhere)/Specialized Jett